Streaming Analytics Market Overviews
Streaming Analytics Market size was valued at US$ 30.65 Billion in 2023 and the total Streaming Analytics revenue is expected to grow at 25.8% through 2024 to 2030, reaching nearly US$ 152.86 Billion.
User-generated information has become the standard in the age of the Internet World. Individuals, corporations, governments, and research organizations have been producing massive volumes of data, which has resulted in a trend known as the data flood. Numerous online social networking services have between 100 and 600 million subscribers for personal social media. Facebook’s friendship edges are believed to number around 200 billion. The flood of user-generated material, such as consumer shopping evaluations, online news, private dialogues, web searches, and so on, has necessitated the study and building of a new age of analytics techniques and tools to handle it efficiently, ideally in real-time.
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Streaming Analytics Market Scope and Methodology:
Demand in the streaming analytics market is projected to be driven by greater digitization and rising usage of internet of things services across industrial verticals. Large businesses and SMEs are rapidly incorporating digital technologies into their operations to improve productivity while simplifying the many procedures involved and raising overall efficiency. Continuous advancements in developing technologies e.g. artificial intelligence, the Internet of Things, cloud computing, M2M communication have opened up new avenues for the examination of data obtained from data streams.
Streaming Analytics Market Regional Insights
Given the rising use of communications technology among consumers and companies, APAC is the quickest growing region in the streaming analytics market. Top companies in the region’s streaming analytics market are focusing on innovation and research efforts to spend more and develop their modern data streaming techniques, all of which are supporting the continent’s streaming analytics market growth.
Streaming AnalyticsMarket Segmentation
By Organization Size, the Large Enterprises segment dominated the streaming analytics market in 2023 with nearly 48.6% of total shares. It is expected to grow at the CAGR of 8.3% in the aforementioned forecast period. Owing to the high rise in usage of the cloud, major companies are increasingly adopting streaming analytics software products, and this trend is projected to continue over the projection period. Large corporations amass massive amounts of data that may be traced back to a diverse customer base. Data plays a critical role in reviewing the entire performance of multinational corporations. Large corporations are relying on authentic information from a variety of sources, such as newsfeeds, monitoring devices, and cameras. Each record must be handled in a way that retains its relationship to other information.
Streaming Analytics Market Key Players
IBM(US)
Google(US)
Oracle(US)
Microsoft(US)
BangDB(India)
SAP(Germany)
Cloudera (US)
Teradata(US)
Mphasis (India)
Iguazio (Israel)
Crosser (Sweden)
Software AG (Germany)
Informatica (US)
Lenses(UK)
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Key questions answered in the Streaming Analytics Market are:
- What is Streaming Analytics ?
- What was the Streaming Analytics market size in 2023?
- What is the growth rate of the Streaming Analytics Market?
- Which are the factors expected to drive the Streaming Analytics market growth?
- What are the different segments of the Streaming Analytics Market?
- What growth strategies are the players considering to increase their presence in Streaming Analytics ?
- What are the upcoming industry applications and trends for the Streaming Analytics Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Streaming Analytics Market?
- Who are the leading companies and what are their portfolios in Streaming Analytics Market?
- What segments are covered in the Streaming Analytics Market?
- Who are the key players in the Streaming Analytics market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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